February 21, 2010 [PROJECT MANAGEMENT] INTD Management 3 4€¦ · February 21, 2010 [PROJECT...

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February 21, 2010 [PROJECT MANAGEMENT] INTD 504 Lecture 3 Page 1 INTD 504 – Project Management Lecture 3 – Week 4 – The Project Management Body of Knowledge;

Transcript of February 21, 2010 [PROJECT MANAGEMENT] INTD Management 3 4€¦ · February 21, 2010 [PROJECT...

Page 1: February 21, 2010 [PROJECT MANAGEMENT] INTD Management 3 4€¦ · February 21, 2010 [PROJECT MANAGEMENT] INTD 504 Lecture 3 Page 4 Fairness Dispute settlement: Negotiation 1st step,

February 21, 2010  [PROJECT MANAGEMENT] 

 

INTD 504 Lecture 3  Page 1 

 

 

INTD 504 – Project Management 

Lecture 3 – Week 4 – The Project Management Body of Knowledge;  

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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February 21, 2010  [PROJECT MANAGEMENT] 

 

INTD 504 Lecture 3  Page 2 

 

 

 

 

 

 

 

 

 

 

 

 

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February 21, 2010  [PROJECT MANAGEMENT] 

 

INTD 504 Lecture 3  Page 3 

 

TOPIC:  Disputes, Sources of disputes, strategies to minimize the disputes during preparation of contract documents, dispute settlement and negotiation, mediation, arbitration and litigation procedure Sources of Disputes –    Errors and Omissions   Delays     By Owner     By Architect     By Contractor   Owner Changes   Bad Contracts     Unfair risk allocation – perceived or real   Poor management     By Owner     By Architect     By Contractor   Poor communications during bid period     Gaps in the work covered by separate bids     Schedule   Weather   Bid Shopping  Strategies to minimize disputes    Partnering    Chartering    During design     Value engineering     Contractor input       On schedule, details, cost, alternate materials and construction       Requires different bid strategy than is sometimes allowed 

During construction   RFI process – how to handle it     Avoid incomplete answers     Avoid defensive posturing     Timely turnaround, timely and complete responses   Submittal process     Prompt responses by architect     Timely submittal by contractor   Good documentation     Track all documents   Team work and attitude 

      Partnering       Lack of ego 

 

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INTD 504 Lecture 3  Page 4 

      Fairness           Dispute settlement:      Negotiation     1st step, easiest to solve   Mediation     2nd step, not always legally biding   Arbitration     An increasingly popular option     Legally binding on all parties   Litigation     Worst case scenario    

  

 

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INTD 504 Lecture 3  Page 5 

    

        

 

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INTD 504 Lecture 3  Page 6